Question: Select all that apply An industry is characterized as a Bertrand oligopoly if Multiple select question. firms produce identical products at constant marginal cost. there

Select all that apply An industry is characterized as a Bertrand oligopoly if Multiple select question. firms produce identical products at constant marginal cost. there are many firms and few consumers. firms engage in price competition. consumers have perfect information and no transaction costs. consumers have perfect information and substantial transaction costs

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